NVDA

Breaking: Nvidia summoned for antitrust investigation

The US Department of Justice is seeking evidence that Nvidia and other chip companies violated antitrust laws, but Nvidia denies receiving a summons.

By the SpyStocks desk · 1y ago · 1 min read

Breaking: $NVDA was summoned by the US Department of Justice to testify before the antitrust authority due to suspicion of a monopoly.

The US Department of Justice is seeking evidence that Nvidia and other chip companies violated antitrust laws.

This is their first legally binding request for information.

Nvidia currently controls 90% of the artificial intelligence chip market!

*Update - 5/9 - Nvidia responds to the publication and denies receiving a summons from the US Department of Justice.

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